A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Bio-Rad Laboratories
Our trading algorithm values Bio-Rad Laboratories (BIO) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $384.07 |
| 60 Day Prediction | $373.25 |
| 60 Day Pred - Lower Bound | $341.98 |
| 60 Day Pred - Upper Bound | $404.15 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -1.118 * nr_days_in_the_future + 406.778
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
BIO traded at $384.07 this Friday October 14th, loosing $-8.88 or -2.3120797545944023 percent since last week.
Looking back, over the last month, BIO has been loosing $-61.43 or -15.994477960869293 percent.
Over the last year, it has been loosing $-348.69 or -90.78813648342347 percent.
Seasonality of Bio-Rad Laboratories
Using our AI model, we have been analyzing the value change for Bio-Rad Laboratories depending on the day or month of a year. This can be seen in the following graph:
